Effect of poultry absorptive capacity on the farms' economic and commercial performance

PurposeCorporate organizations could enhance their economic and commercial values through knowledge acquisitions and exploitations. The purpose of this study is to analyze the economic and commercial performance effect of poultry management absorptive capacity in Nigeria.Design/methodology/approachStructural equation modeling was used in the analysis of a random sample of 300 poultry managers and owners surveyed within the South-Eastern Nigeria. The scales that quantified the latent variables of the factors were tested for reliability and consistency using confirmatory factor analysis.FindingsThe study found evidence that the difference between economically and commercially viable poultry businesses and failing ones depends on the level of absorptive capacity. Absorptive capacity advanced innovations that resulted in higher economic and commercial performance of poultry farm. Poultry firms' profitability, sales growth and market shares were positively increased by absorptive capacity dimensions of acquisition, assimilation, transformation and exploitation.Research limitations/implicationsThe study was carried out within a region in Nigeria and thus could be limited by generalization to the developed country.Originality/valueThis study is the first to link four dimensions of absorptive capacity to the economic and commercial performance of poultry businesses in Nigeria. As such, it originally breaks new frontier of poultry farming from dynamic capabilities and absorptive capacity perspectives.

Horse Agribusiness in Rio de Janeiro, Brazil: trade and economic aspects of Mangalarga Marchador farm production

This study aimed to assess the economic and commercial performance of the Mangalarga Marchador horse breeding, and production costs in the Rio de Janeiro. Data was collected from the ABCCMM archives and from associated breeders, selected through stratified sampling by the mesoregions of the State of Rio de Janeiro. The main means of marketing the animals is selling on the farm. The average of horse’s sale per stud farm in the Rio de Janeiro is 14.92/year with the average of R$16,628.46/horse, generating an estimated sale at the farms of around R$192,026,783.88/year. The sale of mating (8.77 mating/year) and weaned foals (5.44 foals/year) contributed to the largest volume of sales at the stud farms. Donor mares (R$57,318,908.50) and mares (R$42,958,357.20) represented the highest in terms of market value throughout the Rio de Janeiro. The Coastal Lowlands mesoregion had the highest average of animals sold per stud farm/year (40.57 animals) and the Central Fluminense mesoregion had the lowest average (25.39 animals). The average commercialization per farm/year corresponds to R$385,667.90 and the average total value traded in the Rio de Janeiro is R$465,880,252.32/year. The average is 6.52 hired employees, which is equivalent to an average monthly labor gross cost of R$11,286.00. Rio de Janeiro employs around 5,584 people directly, the greatest numbers in the Metropolitan mesoregion (1,833 employees), and the lowest concentration in the Northern Fluminense mesoregion (530 employees). Together with the production costs, Mangalarga Marchador horse’s business turns over more than R$650 million per year in the Rio de Janeiro.

Development of next generation subsea production system (NextGen SPS) design and analysis for ultra-deepwater applications

The present paper describes a new offshore field development solution, Next Generation Subsea Production System (NextGen SPS), that aims to overcome the technical and commercial limitations of the current offshore field development concepts (dry tree or subsea tree) in ultra-deep water (more than 1500 m). The key developments of the NextGen SPS, including its main characteristics, stability characteristics and optimal design on the riser system, are presented and discussed. The series of studies demonstrates that the NextGen SPS offers improved technical and commercial performance, higher levels of safety, reduced interface complexity and improved development flexibility for field development in ultra-deep water.

Exploring diversity-boosting strategies in fortune 500 companies

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings This research paper concentrates on the relationship between diversity management, corporate ethics, and commercial performance in a sample of Fortune 500 companies. Diversity management was found to positively influence internal ethics, yet strategically pursuing internal ethics did not increase commercial performance. Implementing a program of external ethics did, on the other hand, enhance commercial performance, and diversity management did boost external ethics – as seen, for example, in the charitable activity of employees. A thoughtful ethical stance can therefore be a profitable asset once companies consistently invest in initiatives such as ethics training. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.